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This will depend on the severity of the injuries. For example, if a person sustained severe burns to their body which required surgery and skin grafts and cost $10,000 in hospital expenses, then their lawyer may argue $40,000 could be a fair claim.
The result of a settlement agreement involves the responsible party paying a certain amount to compensate for the damages caused to the victim.
However the typical personal injury case can take from a few months to a couple of years. Indeed, the timeline of your claim will depend on many different factors, some of which are within the control of you and your lawyer, and others that are largely within the control of the insurance company.
Settling a personal injury case may take a couple of months to over a year. Sometimes it is smart to settle the claim quickly with the at-fault person's insurance company (but as we said above, it's always best to consult with an experienced attorney first so you don't accept a low-ball offer).